What is the time frame to work on iOS 6 compatability?
I upgraded mine (i do iOS dev support) and now Media Monkey reports it cannot work with my iPad3.
I very much prefer MM to iTunes to synch my music.

Normally it won't be supported till sometime after the final public release of the new iOS version. Depending on how much Apple broke compatibility with third parties it may take a while till it is supported. Thus it is not recommended to upgrade iOS version if you need to use MediaMonkey for syncing until it is confirmed to work with MediaMonkey.

On a somewhat related note, does the current version work if the new 10.7 iTunes is installed? I have not upgraded but would like to if they made improvements like they claim. 11 will also be out soon.